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World Bank urges fiscal reforms to sustain Bangladesh’s growth
Bangladesh’s GDP growth slowed to 4.2 per cent in FY24 and is projected to decline to 3.3 per cent in FY25 due to low investment, inflation, and financial sector vulnerabilities. However, growth may rebound in the medium term with key reforms. The World Bank urges bold action in financial sector reform, trade facilitation, and revenue mobilisation to strengthen resilience.
Bangladesh’s GDP growth slowed to 4.2 per cent in FY24 and is projected to decline to 3.3 per cent in FY25 due to low investment, inflation, and financial sector vulnerabilities.
However, growth may rebound in the medium term with key reforms.
The World Bank urges bold action in financial sector reform, trade facilitation, and revenue mobilisation to strengthen resilience.
